ESSENTIALS OF INVESTMENTS SELECT CHAPT
ESSENTIALS OF INVESTMENTS SELECT CHAPT
17th Edition
ISBN: 9781307126228
Author: Bodie
Publisher: MCG/CREATE
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Chapter 21, Problem 12PS

Verify that the traditional tax shelter with a progressive tax (Spreadsheet 21 . 7 ) acts as a hedge. Compare the, effect of a decline of 2 % in the ROR to an increase of 2 % in ROR. LO 21 4

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